The Department of Cannabis Control (DCC) provides this report pursuant to California Revenue and Taxation Code Division 2, Part 14.5, Chapter 3, Section 34020.1, as mandated by Assembly Bill 195. This report provides an assessment of California’s cannabis industry, its economic and regulatory evolution, and the ongoing efforts to refine the legal marketplace.
California’s cannabis market is undergoing a profound transformation—one that will span years and demands relentless vigilance. DCC is pleased to provide this report and reiterate its commitment to support and collaborate with policymakers to ensure the state delivers on its fundamental promise: to promote public safety, protect consumers, and facilitate the transition of cannabis to a fully regulated legal market.
Related reports
California Cannabis Market Outlook Executive Summary
The Department of Cannabis Control (DCC or “Department”) engaged ERA Economics (ERA) to prepare a report summarizing current market conditions and outlook for the California cannabis industry. The report provides a snapshot of current industry conditions (i.e., economics of the cannabis market) and recent trends. It is structured to provide an overview of factors affecting…
California Cannabis Market Outlook
This report summarizes a data-driven economic analysis of the 2024 California cannabis market and outlook. It also includes an initial overview of the hemp market. The size of the licensed and unlicensed market is quantified and market conditions are evaluated in terms of factors affecting cannabis demand (consumption) and supply (production) in California and other…
